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side's rhetoric squares very well with reality. let's get some perspective now from jon corzine, former democratic governor of new jersey, before that a u.s. senator and ceo of goldman sachs. currently he runs an investment firm mf global holdings limited. also carli fiorina, advisor to republican senatorial committee. also former senior campaign adviser to john mccain and before that ceo of hewlett-packard. let me start with you carly. you heard those sound bites. it seems like ending the corporate jet tax hike would be uncontroversial, but it seems like some of your fellow republicans are drawing a hard line on any revenue-raising proposals whatsoever. do you believe we can make a dent without doing that? >> i think first of all with regard to the rhetoric of millionaires and billionaires, the problem is when you look at the fine print what democrats are really talking about is raising taxes on a family that makes $250,000. and if you're a nurse and a fireman raising two kids, you don't feel very wealthy right now. so i think that's the problem. the rhetoric doesn't match the reality.
there are going to be folks on both sides. the question is, can you get enough votes? and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a deal done. >> has he not been leading on this? i mean, with regards to his most recent conversations? >> you know, disappointingly president obama put forward a budget in february. this was his opportunity to lead, in my opinion that. budget was voted down 97-0. it tackled entitlement reform not a bit. he gave a wonderful speech in april which the congressional budget office said it couldn't score because there weren't enough specifics. the truth is, the president himself has never put a deal on the table. he's asked other
the "sunday times" of london and his company stock is sinking. how bad will this get? jon stewart and british ex-pass had fun, a lot of fun, actually, with the murdoch story. that's on the "sideshow" tonight. eugene robin sons, of course he won the pulitzer prizewinning there and ron reagan. and a political fight was quite relatable to real people in the country who don't normally watch political programs like this, but will be very much affected by what we talk about in the next couple of minutes. let's listen to the president. >> can you tell the folks at home that no matter what happens, the social security checks are going to go out on august the 3rd? about $20 billion of social security checks that have to go out the day after the government is supposedly going to go into default. >> this is not just a matter of social security checks. these are veterans checks, these are folks on disability and their checks. they're about 70 million checks that go out. each month. >> can you guarantee as president those checks will go out on august 3rd? >> i cannot guarantee those checks go out on augus
. in 30 minutes, rupert murdoch and his jon james and rebekah brooks will face questioning from another parliamentary committee. cnn will have this coverage all morning. >> rupert murdoch on the hot seat as he answers questions about what he knew about this growing phone hacking scandal.
Search Results 0 to 7 of about 8 (some duplicates have been removed)